secwatch.observer — SEC 8-K summary
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Issuer:     JPMORGAN CHASE & CO (JPM)
CIK:        0000019617
Form:       8-K
Filed at:   2023-04-14T23:59:59+00:00
Accession:  0001628280-23-011546
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

JPMorgan Q1 net income $12.6B, EPS $4.10, revenue $38.3B record
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- Net income $12.6B ($4.10 EPS) vs $8.3B ($2.63 EPS) in Q1 2022; ROTCE 23%.
- Revenue $38.3B (record), managed revenue $39.3B; includes $868M net investment securities losses.
- Credit costs $2.3B including $1.1B net reserve build and $1.1B net charge-offs; Card net charge-off rate 2.07%.
- CET1 ratio 13.8% (Std) vs regulatory requirement 12.5%; common dividend $1.00/share; $1.9B net buybacks.
- Average loans up 6% YoY, deposits down 8% YoY; $588B credit and capital raised in quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/19617/000162828023011546/0001628280-23-011546-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/19617/000162828023011546/jpm-20230414.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-011546

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer